Aramco to develop major refinery and petrochemical complex in China
3/10/2022 6:08:03 PM
Saudi Aramco said on Thursday its JV in China will develop a major integrated refinery and petrochemical complex in the northeast of the country.
The project, expected to be operational in 2024, combines a 300,000 bpd capacity refinery and ethylene-based steam cracker, with Aramco set to supply up to 210,000 bpd of crude oil feedstock.
Huajin Aramco Petrochemical Company is a JV between Aramco, North Huajin Chemical Industries Group and Panjin Xincheng Industrial Group.
(Reporting by Ahmad Elhamy; Editing by Kirsten Donovan)
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